Ningxia Baofeng Energy Group selects INEOS Technologies’ Innovene PP process for their new project in China.

INEOS Technologies has licensed its Innovene PP process for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Ningxia Baofeng Energy Group Company Limited in Ningxia, China. The 300 KTA Innovene PP plant will produce a wide range of polypropylene products to serve the growing market in China.

The olefin feedstock for the polypropylene plant will be produced using locally sourced coal via the Methanol-to-Olefins (MTO) process – an increasingly important route to olefins in China. INEOS Technologies participates in this new sector by offering state of the art process technologies to make polyolefins and other chemicals from olefins. It is the fourth licence acquired by Chinese companies building MTO plants.

Peter Williams, CEO of INEOS Technologies, commented: "INEOS Technologies is proud to serve this growing coal chemicals sector in China and is pleased to be recognised by this industry as a leader in polyolefins technologies.”

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Notes to Editors

Licenses in China - 2011

6th September - Ningxia Baofeng Energy Group Ningxia, China. PP process for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers. 300 ktpa Polypropelene (PP).

1st September - Shaanxi Yanchang Petroleum Yanan Energy and Chemcal company Shaanxi Yanchang , China - PP Process for the manufacture of homopolymers, random copolymers and impact copolymers. 300 ktpa Polypropelene (PP)

4th August - Qingdao Haijing Chemical (Group) co. Ltd. Qingdao, China. Vinyl Chloride Monomer (VCM) and Suspension Polyvinyl Chloride (S-PVC) technologies. 400 ktpa VCM, 300 ktpa S-PVC

INEOS Technologies is a leading developer and licensor of technologies for the global petrochemicals industry. It offers the broadest range of petrochemical technologies on the market today and also supplies catalysts, additives and coatings that our customers require to obtain the best possible performance from their investments.

INEOS Technologies’ complete portfolio of leading licensed technologies includes:

Innovene PP - gas phase technology for the production of polypropylene

Innovene S - slurry technology for the production of mono and bi-modal HDPE

Innovene G -swing gas phase technology for the production of LLDPE and HDPE

BICHLOR - membrane electrolyser technology for chlor alkali production

Vinyls - technology for the production of EDC, VCM and PVC

Nitriles - technology for the production of Acrylonitrile and Maleic Anhydride